Los Angeles daily herald., 1887-03-16
DAILY HERALD.
REAL ESTATE.
Weekly Review Of the Mar
ket Of Los Angeles.
OVER sl,oco,ooo IN SALES
Eastern Capitalists Investing III
Land-New Buildings-Gen-
eral Remarks.
DAILY HERALD.
OVER 100000 IN SALES


eral Remarks.
n. record of real estate transfers ior
h past week is very fattering' wnen
,omoered to those Of cities many times
.. .ise Of Los Angeles. Business men
viritipe this city from the enorth ana eas''
,xpxess surprise that in city OF . little
vvsr 50. 600 inhabitants. over million
aellars changes hands in q single week,
nd that the record has ranged from half
. million TO that figure for mouths back.
Eiesrss tell the tale no matter whas
,<hsr. interested elsewhere have to say.
when eastern capitalists come here and
luvest their money in land freely the
- that Los Angeles county is to be-
unne the center of an immense popuia-
s;on gains ground. Within the last week
= has been stated that such men as Mr..
Armour. the great provision packer OF
Chicago; mbus Delano, ex-Secretary
uf the Interior; B. c. Tiffany. Register
a the Land Office at Grand Forks. Da-
kosa; DR.. Mullen, of Palmyra, New ors'
and George l.. Baker, Of the New YORK
G ntrsl Railroad, have purchased exten'
siys tracts hereabouts, and their ludg-
n>ent must bs taken as an indlca.
ticm that there is future full OF
prusperity to this part OF the
State. The fact that few people
La town last week does not seem to have
lad any effect on the market, for the
nales were of greater magnitude than
was the case the previous week. Those
foolish persons only made room tor
others Who wished 10 come, and wno
have come with the intention OF invest.
ine. The purchase of land is not the
ociv Sign winch points to future great
ness. Oa all sides there is an activity
in bulldog. and it is noticeable tnat
mort of The new structures are OF suo'
,stantial nature and are not made for the
purpose Of ceiling. The Board OF Trade
md Produce Exchange intend to make
1heir building one which will add to the
bsauty of the city, and about it. no doubt.
other equally handsome structures will
nrise. All improvements OF this sort are
a. great benefit to the city, and the fact
thst they are contemplated shows that
thero il . belief in the stability OF the
present life and energy which is ex'
hibited in 80 great degree.
During the past week the transfers
have been as follows: Monday, the 7th,
100. valued at Sl95, ,243; Tuesday, 92,
valued at $265, 5,O34; Wednesday, 81, val
usd at $2ll, ,737; Thursday, SO, valued
1t el88. .277; Friday. II, valued at S9l.'
613; Saturday, los. valued at Sl99,0 0oI;
total. $l,lSl,S9
The principal sales, or those of over
and about 5000 each. were as follows;
OF Muchmore to c w Bell, agreement
TO convey lot on north line Of Congress
street west of Fair Oaks avenue, Pasa'
aenA, $500; William d Ellis and Ma
linda E Ellis to George Puff, 37.SO acre:
in Fl Monte township. $4500; II w
Naeee, w q Swan, W Wood, f I
Weatherby and James Clarke to Geo l
Kernaehap, lots 10, IL, IL, l3, and IA,
Glendale tract, Sll.475; Henry w Wis
scher to John W Policy, lots 2, 3, le
and 10, H II Visscher's subdn of south
half of lots and 7 block j, San Pas
cual tract $774O; Maurice s Hellman
snd O A Stassforth to N Mccullough,
Il w Swishsr and G M Friend,
lot 3, block A. Marengo tract, $657O
Wm Benz to o E Tyler and u Love,
south As feet of lot 7, Kerckhoff tract,
372OO; Frank Nj Ward and W c De
fritx TO Mrs Frances A Baxter. agree
nent 10 convey lot 8, Hotel tract, Pasa'
dsna, 5000; II A Wallis to Alfred 3
Chapman, lot l3 block o, San Pascual
tract, SIS, 600; A B Chapman to John
ID Bicknell, part of lot IL block o, Sar
Pascual tract, $l2, 900; Edward A Lacey
and Charles z Culver to M Davis, 81
acres in Ro San Rafael, $500; Mrs
Margaret Clancy to Earl B Millar, north
hall of lot block l3, o ), $lS,O 600; n
Browning to w M Cough, lot s, Kit
fridge tubdn of part of lot block %. d
8, $lO,O 600; Mary E McGee to w c
Swan, lots Is. Is, II, l9 and 25. Glen
dale tract, $8250; Angus S Mcdonald tc
Mary E Steele, und third interest in lac
ncres in Ro San Antonio, $25, 5000; Amy
r Darling to Mary E Steele, und two.
thirds interest in lao acres in Ro San
Antonio, $25. 600; George R Shatto and
John s Mailman to Charles Piper,
6smuei Dickinson, George G Rounds
and Martin NJ Morrison, und half inter.
est in Ell of NE4. Sec 25, Tp s, K IA
w, $40, 900; s Vosburg and o Vos.
burg to Vosburg Water Co, one-sixth
interest in waters in Davis cafion pipe
md pipe line, and third interest in res.
oryoir, $50, 900; Myra l. Mccarthy and
James P Mccarthy to Mrs L E Hensler,
lots aud block B. Morris Vineyard
tract, $3.50; HI A Uuruh to M Stude'
baker, agreement to convey lots /. 2.
and block 81, Santa Anita tract, $l0,-
I'D; Same to same, agreement to convey
- acres in block 92, Santa Anita tract
$3.50; &c Webster, r M Furlong
George Hermann and Bayard T Smith
10 C 3 Marin, lot l, s Washburn'
snbdn of part of lot 8 div c, Berry &
Elliott tract, Pasadena, $6375; c s Mar
hin to FL Gilmore. lot l of Sherman
Washburn's subdn, Pasadena, $S625
DelOs Arnold to Stephen Townsend. tw'
tracts in or adjoining lot block B. Sal
Pascual tract, $l5, 800; Mary e McGe'
10 James Clark and f b Weatherby
lots Is. 81 an %, Glendale tract, $4,000
George Mitchell to ] J Swigart, agree
ment to convey west half o
bot Is. Northeast Pomona tract, $l2, 500
J . Owens to Edward Records, 81
acre in NW4 of NW4 and SW4 of NE
Of NW4. Sec 81, TIP | s. R IL W, $40,
600; Robert $ Baker to W Hellman
agreement to convey und half I'M
in lot southwest corner of Main anc
Turner streets, and und half of lot adj
On the south, $50. 600; L c Goodwin to
Isaac w Hellman, part of lot 4, block
9, o. 8, SIS. 900; G w Bush to s Hector
Lafleur, lot "a feet trent on northwest
limo of New High street, $25, 300; Isaac
W Hellman to Francisco A MacDougall,
md one-sixth int in 1880 acres in
nsrtbeast part of city, and und one.